Question: Problem 3 Exponential smoothing forecast for September with alpha=0.10: = Forecast .10[Actual - F(old) Month F(old) + Where did the 88.16 come from? August forcast

Problem 3 Exponential smoothing forecast for

Problem 3 Exponential smoothing forecast for September with alpha=0.10: = Forecast .10[Actual - F(old) Month F(old) + Where did the 88.16 come from? August forcast was 88% and actual usage was 89.6. 88% +.10(89.6-88 = 88.16 88.16 + September October XX .10[92-88.16] +

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!